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2022
Exports $2.23kWorld Rnk 151 / 195
Flag Rnk 189 / 360
2022
Destination $2.13k Cote d'Ivoire
2021 - 2022
FASTEST GROWING MARKET $2.13kCote d'Ivoire
2022
PRODUCT COMPLEXITY IN Lubricating Products1.61Rnk 36 / 1025
2022
Imports $3.2MWorld Rnk 118 / 224
Flag Rnk 137 / 995
2022
Origin $490k China
2021 - 2022
FASTEST GROWING ORIGIN $490kTurkey
2022
ECONOMIC COMPLEXITY of Liberia-1.72Rnk 128 / 133

About

Exports In 2022, Liberia exported $2.23k in Lubricating Products, making it the 151st largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 189th most exported product in Liberia. The main destination of Lubricating Products exports from Liberia are: Cote d'Ivoire ($2.13k) and Belgium ($99).

The fastest growing export markets for Lubricating Products of Liberia between 2021 and 2022 were Cote d'Ivoire ($2.13k) and Belgium ($99).

Imports In 2022, Liberia imported $3.2M in Lubricating Products, becoming the 118th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 137th most imported product in Liberia. Liberia imports Lubricating Products primarily from: China ($1.72M), Turkey ($953k), Greece ($113k), United Arab Emirates ($95.2k), and United Kingdom ($75.6k).

The fastest growing import markets in Lubricating Products for Liberia between 2021 and 2022 were Turkey ($490k), China ($481k), and United Arab Emirates ($70.5k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Lubricating Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.23k
IMPORTS (2022)$3.2M
NET TRADE (2022)-$3.2M

In 2022, Liberia exported $2.23k in Lubricating Products. The main destinations of Liberia exports on Lubricating Products were Cote d'Ivoire ($2.13k) and Belgium ($99).

In 2022, Liberia imported $3.2M in Lubricating Products, mainly from China ($1.72M), Turkey ($953k), Greece ($113k), United Arab Emirates ($95.2k), and United Kingdom ($75.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Liberia WERE (2021 - 2022):
Cote d'Ivoire$2.13k (1%)
Belgium$99 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Liberia WERE (2021 - 2022):Angola-$100k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Liberia's main exporting competitors in Lubricating Products were:
Germany $2.32B
United States $1.94B
Japan $1.24B
In 2022, Liberia's main importing competitors in Lubricating Products were:
China $1.71B
Germany $676M
Mexico $433M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $633
TOP IMPORT POTENTIALGermany+ $89.1k

Lubricating Products’s highest export potential is China. With an export gap of $633.   Lubricating Products’s highest import potential is Germany with an import gap of $89.1k.

See methodology.

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